Can I withdraw all my funds from my bank account if I don't want to renew my Retirement Visa in Thailand?

@Brandon ***********

fair enough. I only mentioned it because someone I know currently on the retirement visa told me that Bangkok Bank verifies that the required amount is still in your account 4 months before its time for visa renewal. And if the funds are below the threshold, they will notify immigration.

This discussion came about because I was asking if the funds just have to sit in that account, untouched, all year long. And that was what this person explained to me. That it would probably be safe to take out up to half of the required amount. But you better put it back 4 months before visa renewal.

I don’t know where he got that info. But I believe him to be a trusted resource. Meaning if he said it, he got it from somewhere reliable.

But do with that what you will.

@Brandon ***********

Thanks Brandon. Yes it would be over the counter withdrawal and not ATM.

@Lim **********

Bangkok Bank is not involved. But if an extension has a bank balance requirement, technically that extension is invalid as of the moment that requirement is no longer being met.

Same concept as if you're on a work extension but stop working. If you're on a marriage extension but get divorced. Those end the moment the basis for the extension ends.

You should also have your family double check regarding their qualifications for Elite as they've notified people that were already approved that they now have to go through an extended background check which can add another 45 days.